Energy Update
In a May 30 update, Ormat Technologies said that damage to the Puna Geothermal complex caused by lava from the Kilauea volcanic eruption in Hawaii has made it difficult for the company to determine when the plant will resume operations.
New sponsors/investors often ask whether a solar investment tax credit (“ITC”) can be clawed back. This is important because these investors are often asked to backstop the ITC. The short answer is that the “unvested” portion of the credit can be clawed back where the project is sold or turned off permanently. The real risk, however, is whether the ITC was miscalculated. Let us first set the stage.
The Ichthys project involves development of the Ichthys gas and condensate field offshore North West Australia and a gas transmission pipeline together with an onshore LNG plant near
According to the Norwegian oil exploration and development company, the discovery is not being considered to be commercial as of now. However, it will review the well results
The post Aker BP reports gas discovery in Svanefjell prospect in Barents Sea appeared first on Compelo.
Marking the start of operations, Enel, through a joint venture between the group’s fully-owned renewable energy subsidiary Enel Green Power (EGP) and Dutch Infrastructure Fund (DIF), has connected to
The post Enel starts operations at 137.7MW solar plant in Australia appeared first on Compelo.
This wind farm is expected to be completed and operational by 2020. It could be located in Kossuth County in North Central Iowa, which is considered to have
The post Alliant Energy proposes to build 150MW wind farm in Wisconsin appeared first on Compelo.
(Fri, 01 Jun 2018) Capital costs for large-scale battery storage systems installed across the United States differ depending on technical characteristics. Systems are generally designed to provide either greater power capacity (a batteryâs maximum instantaneous power output) or greater energy capacity (the total amount of electricity that can be stored or discharged by a battery system).
The recovered diamond was a 95 carat white octahedron of top clarity, claimed the Canadian diamond miner. Mountain Province Diamonds said that it is also the largest gem
The post Mountain Province recovers 95 carat gem diamond from Gahcho Kué mine appeared first on Compelo.
The $922m wind project, which has now been submitted to the Iowa Utilities Board for review, is planned to be completed at the end of 2020, subject to
The post MidAmerican Energy plans to build 591MW wind project in Iowa, US appeared first on Compelo.
BHP and Mitsubishi, currently own the mine through a 50:50 joint venture named BHP Billiton Mitsubishi Alliance (BMA). The partners decided to offload the coal mine following a
The post Sojitz to acquire Gregory Crinum coal mine from BHP, Mitsubishi appeared first on Compelo.
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